同样的，近期意外向好的经济数据也遮掩了美国经济低迷时间持续到年底所产生的风险，后者或将反映到其它主要经济体。
As well, recent positive data surprises obscure the risks from a pending US slowdown into year-end, which is likely to echo around to other major economies.
收益率继续下降需要一轮经济衰退，但这并不是我们的核心预期。近期债券收益率的上升空间也比较有限，因为来自通胀的压力微乎其微而美国经济正在对房产市场的低迷作调整。
The upside for yields is also quite limited in the near term with little pressure on inflation and the us economy still adjusting to the housing down turn.
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